Infrastructure as Code Market Trends
The Infrastructure as Code (IaC) Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period, reaching USD 2.3 billion in 2027 from USD 0.8 billion in 2022.
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In most cases, using infrastructure as code will be part of a broader organizational transformation to cloud and devops strategies. Embracing infrastructure as code is essential for updating the business approach to software development and maintenance.
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Like every vertical, the healthcare segment will grow at the highest CAGR during the forecast period
The infrastructure as a code market is segmented across verticals into BFSI, IT and ITeS, telecom, healthcare, manufacturing, retail, government, transport and logistics, and other verticals, such as travel and hospitality, energy and equipment, and education. Like every vertical, the healthcare vertical is expected to grow at the highest CAGR during the forecast period. Healthcare and life sciences, as an industry, is growing at a great pace and is expected to contribute significantly to the globally integrated cloud management platform market. The healthcare industry primarily deals with massive amounts of personal data every day. Implementing IT infrastructure in the healthcare vertical helps manage information in computerized systems. These systems need to be robust because their failure can lead to the loss of patient information or worse. Value-based care, consumerism in healthcare, the Triple Aim, and socioeconomic and other external influences on patients are some of the forces driving healthcare provider organizations to reevaluate their legacy enterprise architecture and consider -consider moving to a multi-cloud environment and automated infrastructure.
The Cloud Segment will grow at the highest CAGR during the forecast period
Based on deployment mode, the cloud Segment will grow at the highest CAGR for the infrastructure as code market during the forecast period. Infrastructure as code market by deployment mode is segmented into cloud and on-premises. Through a global network of data centers and cloud computing infrastructure, a service provider offers cloud IaC services to businesses in the form of virtual and augmented servers, storage, communications, and managed services of the application. When opposed to a single hosting, one of the main benefits of the cloud IaC service is that the infrastructure can be installed more effectively and affordably.
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Some of the major infrastructure as code market vendors are IBM (US), Microsoft (US), AWS (US), Oracle (US), Hashicorp Terraform (US), Google (US), Alibaba Group (China) , Dell (US). ), Rackspace Technology (US), HPE (US), ServiceNow (US), Broadcom (US), Pulumi (US), Puppet (US), Progress Software (US), NetApp (UK), Northern.tech (US) , Canonical (UK), Alpacked (Ukraine), Jenkins (US), Gitlab (US), Github (US), Crossplane (US), and Docker (US).
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